Economy

Synchrony Financial (NASDAQ:SYF) To Report Earnings

Synchrony Financial has a 52-week low of $26.01 and a 52-week high of $38.06. The company has market cap of $26.28 billion. The stock increased 4.13% or $1.31 on October 20, reaching $33.04. 14,094,184 shares of the stock traded hands.

Synchrony Financial (NYSE:SYF) performed nicely this week, continuing its impressive near-term upward movement.

Warren Averett Asset Management Llc increased Apple Inc (AAPL) stake by 13.63% reported in 2017Q2 SEC filing. Based on GuruFocus estimates, both gurus gained between 12% and 17% on the stock. The stock increased 0.17% or $0.27 on October 20, reaching $156.25. About 2,315 shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since October 20, 2016 and is uptrending. It has outperformed by 42.13% the S&P500.

At the moment 22 analysts are watching Synchrony Financial (NASDAQ:SYF), 6 rate it "Buy", 9 "Outperform", 7 "Underperform", 0 "Sell", while 0 "Hold". Therefore 68% are positive.

Arrowstreet Capital Limited Partnership decreased its stake in Synchrony Financial (NYSE:SYF) by 17.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The rating was upgraded by Sterne Agee CRT to "Buy" on Monday, November 23. Bank of America downgraded Synchrony Financial (NYSE:SYF) on Friday, April 8 to "Neutral" rating. Keefe, Bruyette & Woods reissued a "buy" rating and set a $39.00 target price on shares of Synchrony Financial in a report on Thursday, October 12th. The firm has a market cap of $26.28 billion, a P/E ratio of 12.41 and a beta of 1.01. Synchrony Financial (SYF) received active focus from Investors and it has been traded on front line. The rating was upgraded by Raiffeisen Centrobank on Friday, October 21 to "Hold". As per Wednesday, March 29, the company rating was initiated by Wells Fargo. As per Wednesday, July 6, the company rating was initiated by Longbow. L.P. (NYSE:KKR) for 84,310 shares.

Among 47 analysts covering Apple Inc.

A number of other institutional investors have also recently bought and sold shares of SYF.

SYF has been the topic of several recent research reports. The company was maintained on Wednesday, September 13 by Nomura. 10,019 shares valued at $1.54M were sold by Srouji Johny on Thursday, May 25. BidaskClub lowered Synchrony Financial from a "hold" rating to a "sell" rating in a research report on Saturday, August 5th. The fund bought 65,000 shares of the financial services provider's stock, valued at approximately $2,018,000. The rating was maintained by BMO Capital Markets with "Market Perform" on Monday, October 19. On Wednesday, July 27 the stock rating was maintained by Barclays Capital with "Overweight". (NASDAQ:AAPL) on Wednesday, June 21 with "Buy" rating.

The price target set for the stock is $36.25 and this sets up an interesting set of potential movement for the stock, according to data from Finviz's Research.

ATR value of the company was 0.63 and Relative Strength Index (RSI) was 58.53. (NASDAQ:AAPL). Wedgewood Prtn invested 7.6% in Apple Inc. L.P. (NYSE:KKR) for 11,204 shares. (NASDAQ:AAPL). St Germain D J Co Inc has 4.28% invested in Apple Inc. (NASDAQ:AAPL) was sold by AHRENDTS ANGELA J. The increase in net interest income contributed to a net interest margin of 16.74%, an increase of 0.40%. Its up 0.04, from 0.64 in 2017Q1. Bbva Compass Bancshares Inc. lifted its holdings in shares of Synchrony Financial by 0.3% in the 2nd quarter. Sterling Capital Ltd holds 0% or 17,000 shares in its portfolio. The company has its outstanding shares of 804.00M. This represents a $0.52 annualized dividend and a yield of 1.54%. Iron Limited Liability stated it has 22,944 shares. (NASDAQ:AAPL). Moreover, Amica Mutual Insurance has 3.61% invested in Apple Inc. Vanguard Group Inc. now owns 49,269,728 shares of the company's stock valued at $1,245,539,000 after buying an additional 816,276 shares during the period. Graybill Bartz & Ltd reported 35,819 shares stake. There has been an observed change of 1.68% in the ownership of the shares in the past six months. Hedge funds and other institutional investors own 88.43% of the company's stock.

Looking into last 5 trades, the stock observed a return of nearly 3.49%. Country Trust National Bank reported 753,072 shares or 5.18% of all its holdings.

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